Categories
Business Consultant

India’s GDP growth slips to 3.1% in Q4, stands at 11-yr low of 4.2% in FY20

The Indian overall economy grew at three.one for each cent in the January-March quarter (This fall) of 2020, its slowest speed in at minimum two a long time, as the coronavirus pandemic weakened the by now declining client demand and non-public investment, formal gross domestic product (GDP) facts produced on Friday showed. For the complete FY20 monetary calendar year, the headline quantity arrived to an 11-calendar year lower of 4.two for each cent, in opposition to 6.one for each cent in 2018-19.

The development numbers were being broadly in line with estimates by brokerages and economists, who have witnessed the

Read More